Call reports 2005
BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION — 2005
What BEVERLY BANK & TRUST COMPANY, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 104,590,000 | 103,169,000 | 121,261,000 | 133,870,000 |
| Total loans | 61,795,000 | 69,796,000 | 76,168,000 | 81,226,000 |
| Allowance for loan losses | 355,000 | 420,000 | 521,000 | 578,000 |
| Securities available for sale | 35,048,000 | 4,272,000 | 33,528,000 | 32,710,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,823,000 | 91,966,000 | 94,765,000 | 114,928,000 |
| Interest-bearing deposits | 66,856,000 | 86,979,000 | 90,099,000 | 107,529,000 |
| Noninterest-bearing deposits | 3,967,000 | 4,987,000 | 4,666,000 | 7,399,000 |
| Equity capital | 8,076,000 | 10,705,000 | 10,747,000 | 11,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 1,144,000 | 2,528,000 | 4,050,000 | 5,813,000 |
| Interest expense | 513,000 | 1,212,000 | 1,961,000 | 2,961,000 |
| Net interest income | 631,000 | 1,316,000 | 2,089,000 | 2,852,000 |
| Noninterest income | 216,000 | 301,000 | 470,000 | 587,000 |
| Noninterest expense | 655,000 | 1,318,000 | 2,034,000 | 2,921,000 |
| Provision for loan losses | 74,000 | 143,000 | 250,000 | 317,000 |
| Pretax income | 118,000 | 203,000 | 323,000 | 249,000 |
| Income tax | 35,000 | 58,000 | 107,000 | 79,000 |
| Net income | 83,000 | 145,000 | 216,000 | 170,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,740,000 | 10,702,000 | 10,775,000 | 11,728,000 |
| Total capital | 9,095,000 | 11,122,000 | 11,296,000 | 12,308,000 |
| Risk-weighted assets | 72,044,000 | 76,851,000 | 88,293,000 | 96,898,000 |